Virginia United Methodist Housing Development Corporation (EIN 521258679) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Phone

5403446861

Tax Period

2024-01-01 to 2024-12-31

VIRGINIA UNITED METHODIST HOUSING DEVELO, founded in 1982, is a small nonprofit that reported $201K in total revenue in fiscal year 2018. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $398K exceeded revenue, resulting in a 98% operating deficit.

Mission

Sponsoring low income housing projects

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,003,584

Investment Income $1,942,194

Other Revenue $0

TOTAL REVENUE $4,945,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,076

Fundraising Expenses $0

Program Expenses $805,325

Other Expenses $1,047,085

TOTAL EXPENSES $1,259,161

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,945,778	$8,114,342	-0.4%
Expenses	$1,259,161	$2,869,188	-0.6%
Net Income	$3,686,617	$5,245,154	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$70,800

Total Directors

$70,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr James G O'Quinn	Vice President	1.0	Officer Director	$3,600	$0	$3,600
Larry Dickenson	President	24.0	Officer Director	$60,000	$0	$60,000
Rev Ernest Herndon Jr	Secretary	1.0	Officer Director	$7,200	$0	$7,200
W Randolph Spears	Treasurer	12.0	Officer Director	$0	$0	$0
David Dommisse	Director	1.0	Director	$0	$0	$0
Harold E White Sr	Director	1.0	Director	$0	$0	$0
Joe Thielecke	Director	1.0	Director	$0	$0	$0
Kathy Lutman	Director	1.0	Director	$0	$0	$0
Lawrence Julihn	Director	1.0	Director	$0	$0	$0
Monty Cox	Director	1.0	Director	$0	$0	$0
Sue Boltz	Director	1.0	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$4,945,778	$1,259,161	$30,139,967	$3,686,617
2023	$8,114,342	$2,869,188	$25,817,007	$5,245,154
2022	$2,437,468	$2,712,629	$27,721,106	$-275,161
2021	$719,594	$560,182	$21,157,593	$159,412
2020	$-306,376	$423,492	$13,884,253	$-729,868
2019	$8,023,977	$743,575	$14,745,345	$7,280,402
2018	$200,558	$397,603	$7,355,994	$-197,045

Virginia United Methodist Housing Development Corporation